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June 25, 2024
- June 25, 2024 Important amendments to the Competition Act became law on June 20, 2024, following Royal Assent of Bill C- 59, the Fall Economic Statement Implementation Act, 2023.
competition-bureau.canada.ca/how-we-foster-competition/education-and-outreach/guide-june-2024-amendments-competition-act
Jun 25, 2024 · Important amendments to the Competition Act became law on June 20, 2024, following Royal Assent of Bill C- 59, the Fall Economic Statement Implementation Act, 2023. The Government of Canada has made these changes as a part of its modernization of Canada’s competition regime.
- Significant changes to strengthen the Competition ... - Canada
The changes come into effect immediately, except for those...
- Guide to the December 2023 amendments to the Competition Act
Important amendments to the Competition Act became law on...
- Changes to the Provisions on Mergers and Restrictive Trade ...
1.1 The purpose of this document. The Competition Act (the...
- Important amendments to modernize the Competition Act receive ...
On December 15, 2023, important amendments to the...
- Important amendments to the Competition Act come into effect
Important amendments to the Competition Act became law on...
- Significant changes to strengthen the Competition ... - Canada
Jun 25, 2024 · The changes come into effect immediately, except for those relating to private access, which will come into effect next year on June 20, 2025. More information about the changes can be found in the Bureau’s Guide to the June 2024 amendments to the Competition Act.
Important amendments to the Competition Act became law on December 15, 2023, following Royal Assent of Bill C- 56, An Act to amend the Excise Tax Act and the Competition Act. The Government of Canada has made these amendments to the Competition Act as a part of the ongoing modernization of Canada’s competition regime.
Nov 7, 2024 · 1.1 The purpose of this document. The Competition Act (the Act) has various provisions to protect Canadians from mergers and restrictive trade practices that harm competition among firms. The Act was amended on December 15, 2023, and June 20, 2024. These amendments made changes to the provisions around mergers and restrictive trade practices ...
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Important amendments to modernize the Competition Act receive Royal Assent December 18, 2023 – GATINEAU (Québec), Competition Bureau
December 18, 2023 – GATINEAU (Québec), Competition Bureau
On December 15, 2023, important amendments to the Competition Act became law, strengthening the Competition Bureau’s ability to promote competition and to prevent anti-competitive mergers and conduct.
Notably, these amendments:
•Create a framework for market studies with information gathering powers;
•Repeal the efficiencies defence for anti-competitive mergers and business collaborations;
“These amendments are a key step in modernizing Canada’s competition law and give the Bureau more effective tools to protect and promote competition in Canada. A modern Competition Act is fundamental to driving lower prices and innovation while fueling economic growth. A more competitive economy will benefit all Canadians – by offering more choice and greater affordability for consumers and businesses.”
Matthew Boswell,
•The amendments to the Competition Act are part of the Government of Canada’s An Act to amend the Excise Tax Act and the Competition Act (Bill C-56), which was enacted on December 15, 2023.
The Competition Bureau provided a submission in response to the Government of Canada’s consultation on the future of competition policy in Canada in March 2023. The submission included over 50 recommendations to help modernize and strengthen Canada’s Competition Act.
•Guide to the December 2023 amendments to the Competition Act
Jun 28, 2024 · The new amendments will vastly expand private access to the Competition Tribunal, and represent the most dramatic expansion of private enforcement of Canada’s competition laws in a generation.
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Jun 24, 2022 · Important amendments to the Competition Act became law on June 23, 2022, strengthening the Competition Bureau’s ability to protect Canadian consumers, businesses and workers from anti-competitive conduct. Notably, these amendments: increase maximum fines and penalties for those who break the law;
